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Spurring investment in Punjab, the Punjab Investment Board and Trade (PIB&T) is going to organise Punjab Investment Conference 2010 on May 3, 2010. After a successful investment conference in Lahore in February 2010.
Punjab chief minister has directed the board to take steps towards outreach Karachi-based investors possessing a wider net of corporate influence through better access to international markets, a sophisticated financial industry serving as backbone for entrepreneurship and a mature mercantile industry.
As this city's wealth prepares for mega projects, Punjab offers Karachi investment depth into a growing food industry that rests on the prediction of a steep rise in commodity prices and a cache of reserves in iron ore, cotton, hydro and other natural resources.
The global food crisis, depleting cultivable land resources and the emerging water crisis due to climate change pose challenges to Pakistan as well as an opportunity for the country to invest in sustainable and cutting-edge technology to keep the supply of essential items stable.
The export potential is also vast in any of these sectors, especially in the livestock industry projects such as Halal meat, which is valued at a trillion US dollars globally. A day-long conference would be inaugurated by Punjab Chief Minister Shahbaz Sharif, who would also be available for a detailed networking session with business people having several proposals for discussion.

Copyright Business Recorder, 2010

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